Premier Farnell sells Kent auto business
July 20, 2006 //
Premier Farnell plc is to sell its Kent specialist automotive consumables business to Barnes Group Inc. for around £22 million (on a cash and debt free basis).
LONDON Premier Farnell plc is to sell its Kent specialist automotive consumables business to Barnes Group Inc. for around £22 million (on a cash and debt free basis).
For the year ending January 2006 Kent had a turnover of approximately £40million and its operating profit accounted for less than 3% of the Premier Farnell group underlying operating profit for the year.
Kent supplies adhesives, sealants, specialist cleaning chemicals, abrasives, tools and other consumables to the European automotive and industrial maintenance markets.
Barnes Group (Bristol, Conn) has established distribution businesses in the U. K and France, and the purchase of Kent will provide it with entry into the rest of Europe. Kent has direct sales operations in France, Germany, the U. K., Belgium, the Netherlands, Spain, Italy, Denmark and Sweden, and has distributorships in 20 additional countries.
Barnes is a diversified international manufacturer of precision metal components and assemblies and a distributor of industrial supplies, serving a range of markets. The sale is scheduled for completion by the end of the third quarter.
EMEA PC shipments resume steady decline
April 20, 2015
PC shipments in Europe, the Middle East, and Africa (EMEA) reached 20.2 million units in the first quarter of 2015, a 7.7% ...
Nohau to resell Icon Labs' security portfolio in Scandinavia
MIT accessorizes your thumbnail with track pad
MINI giving drivers a peek at 'augmented reality'
Moore's Law: a mixed-signal perspective
Connected LED opens path to 'intelligent cities'
April 20, 2015
The cities of San Diego in California and Jacksonville, Florida are both going to trial a GE LED solution, which uses LED ...
Magnesium ions for car batteries
Optical and X-Ray systems increase speed and scope of production test
Multitest ships first shaker for MT9928 chip tester
- Smart Capacitive Design Tips
- Wireless MCUs and IoT
- Battery Management System Tutorial
- Deciding if Automated Test is right for your Company
InterviewInfineon: CAN FD success goes at the expense of FlexRay
The faster version of the venerable CAN bus, CAN FD is currently taking off at several carmakers. Infineon's Thomas Böhm, Head of Body / Automotive, believes this could well go at the expense of FlexRay. ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, DecaWave is offering EETimes Europe's readers the chance to win two TREK1000 kits to evaluate its Ultra-Wideband (UWB) indoor location and communication DW1000 chip in different real-time location system topologies.
Worth €947, the kit allow designers to prove a concept within hours and have a prototype ready in days. Based on the two-way ranging scheme, the kit lets you test...MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.